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BeyOglu - The Analyst
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NEW: š $9 billion in #Bitcoin shorts to be liquidated at $68,000 š #beyoglu
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#Ethereum is moving level to level, $ETH done with its bottom on 5aug dip, the next target is 2830-2850$. Ethereum hadn't perform after its #ETF approval, It is still undervalue. Overall Sentiments are bullish, Ethereum is still in Consolidation phase, lets hope for the best and see whats coming next. #beyoglu
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I made this $SOL setup may be 1month ago and this one still valid, sol could hit 160$ in up coming week and may hit 180+ in September, it is still in consolidation phase we might see another (All Time High) in Q4. #beyoglu
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$FLOKI is retest the support, we might see some good relay in floki, not expecting anny all time right now, floki could hit the white marked resistance area till the end of September. #beyoglu
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#Bitcoin Technical Analysis Bitcoin has been consolidating in a Descending Broadening Wedge pattern since March 2024. Bitcoin is bouncing back nicely after the August 5th crash and is now heading towards the $69-70k resistance area. $BTC bulls need to clear the $69-70k crucial resistance area to confirm the wedge upside breakout. Once the breakout is confirmed, I'm expecting a 15-20% bullish rally in Q4. The market might remain slow before the breakout or until it passes 64k$ resistance. you can make multiple trades in this descending broadening wedge pattern, it is this best opportunity for the future traders to make trades in both direction and make handsome money. Let me make one thing clear: the damage is done, and Bitcoin has already bottomed out. Markets will likely remain sideways for the next 2 weeks, and then we could see a massive bullish rally, possibly around mid-September. #beyoglu
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